info@taunisha.com
Microfinance Support for Small Needs
Micro Loan (Under ₹50,000)
Features
Quick Approval
Minimal Documentation
Flexible Repayment Options
Small Ticket Size
No Collateral Needed
Low Interest Rates
Benefits of Micro Loan
- Instant Access: Meet your urgent financial needs.
- Boost Livelihood: Ideal for small vendors, artisans, and homemakers.
- Flexible Use: Use for business, education, medical, or personal needs.
- Credit History: Helps build your credit score.
Eligibility Criteria
To apply for a Micro Loan under ₹50,000, you must:
- Be an Indian citizen (18+ years)
- Have a stable source of income (business/salary/self-employment)
- Provide basic KYC documents
- Have a bank account
Documents Required
- Aadhar Card / PAN Card
- Bank Statement (Last 3–6 months)
- Income Proof (if applicable)
- Address Proof
Need a Small Loan Quickly?
Apply for Micro Loan & receive funds directly in your account!
Charges & Fees
Below are the common charges applicable for Micro Loan:
| Particulars | Charges |
|---|---|
| Processing Fee | Flat ₹500 or up to 2% of loan amount |
| Late Payment Charges | 2% per month on overdue EMI |
| Prepayment Charges | Nil or nominal (as per agreement) |
| Stamp Duty | As per state laws |
Note: Loan terms may vary based on borrower profile and lender policy.